If IBM and Time Warner are working together to develop export markets, the law that would exempt them from antitrust prosecution would be the:

a. Foreign Corrupt Practices Act
b. Export Trading Companies Act
c. GATT
d. NAFTA
e. Webb-Pomerene Export Trade Act


e. Webb-Pomerene Export Trade Act

Business

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The availability of the product processed, prepared, in proper condition, and/or ready to use is referred to as:

A) place utility. B) price utility. C) information utility. D) form utility. E) product utility.

Business

A firm is trying to determine if it should launch a product. The product has an expected life of three years. It will bring in cash flows of $10,000 in the first year, $9,000 in the second year, and $7,500 in the third year. The company estimates that it will invest $20,000 in product research and development costs. What is the estimated IRR for this product? Choose the IRR value that is closest to the amount invested.

a. 5% b. 12% c. 15% d. 16%

Business

In Noel v. River Hills Wilsons, where false information about Noel was accidentally given to an employer, the appeals court held that Noel could sue for damage to his ability to gain employment from the workplace defamation

a. True b. False Indicate whether the statement is true or false

Business

The application development component provides functionalities to the developers of:

A) Database models B) Security and backup procedures C) Data dictionaries D) Front-end applications

Business